Tag: South korea scrap bids

South Korea: Major steel mills raise bids for Japanese scrap

Feb 12, 2022

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by

Drishya Yadav

in Melting Scrap

Major South Korean steel mills have hiked bids for premium Japanese scrap yesterday, as per a SteelDaily report. POSCO’s bids for HS grade material were at JPY 66,000/t CFR ($569/t). While SeAH Besteel’s bids for shindachi bara scrap were at JPY 65,000/t ($560/t) CFR, bids for shredded scrap were at JPY 62,500/t ($539/t) CFR. Rise…